Financial Markets Authority - Latest News [Page 1]

Insider Trader Jeffrey Peter Honey Sentenced

Wednesday, 14 June 2017, 10:55 am | Financial Markets Authority

Jeffrey Peter Honey was sentenced yesterday to six months home detention at the Auckland District Court, after pleading guilty to one charge of insider trading under section 243(1)(a) and section 244 Financial Markets Conduct Act. Mr Honey admitted to being ... More >>

FMA files charges under Crimes Act

Friday, 9 June 2017, 1:40 pm | Financial Markets Authority

Two men appeared yesterday in the Tauranga District Court in relation to various charges filed by the FMA under the Crimes Act. More >>

Innovative Securities fails to overturn FSPR decision

Thursday, 8 June 2017, 1:59 pm | Financial Markets Authority

The High Court has dismissed an appeal by Innovative Securities Limited (Innovative Securities) against the Financial Markets Authority’s (FMA) decision to direct Companies Office, as the registrar of the Financial Services Provider Register (FSPR), ... More >>

Trial shows simple way to help KiwiSaver members

Thursday, 8 June 2017, 12:47 pm | Financial Markets Authority

KiwiSaver members who received communications created using behavioural insights were more likely to choose to move out of default funds, and less likely to transfer to another provider. More >>

FMA announces methodology for KiwiSaver fee disclosure

Thursday, 8 June 2017, 12:28 pm | Financial Markets Authority

The Government has recently introduced regulations requiring KiwiSaver providers to disclose fees in dollars in members’ annual statements. The Financial Markets Authority (FMA) has been consulting on a methodology that will assist KiwiSaver providers ... More >>

FMA survey: Investor confidence bounces back

Monday, 29 May 2017, 8:45 am | Financial Markets Authority

Major disruptions in world events over the last year have not dented New Zealanders’ confidence in financial markets. The FMA today released its annual survey into the public’s attitude to financial markets. The survey shows that confidence has risen ... More >>

Licensing overview: what the FMA found

Wednesday, 24 May 2017, 9:40 am | Financial Markets Authority

Common issues, hints for new applicants and a guide to the Financial Markets Authority’s (FMA) future focus are included in a review of the regulator’s first two and a half years of licensing. More >>

Former financial adviser pleads guilty to four charges

Thursday, 18 May 2017, 10:58 am | Financial Markets Authority

Anthony Wilson, a former Registered Financial Adviser yesterday pleaded guilty at the Auckland District Court to two charges of making a false document for pecuniary advantage. The charges were filed by the Financial Markets Authority (FMA) under ... More >>

Changes for investment companies

Monday, 15 May 2017, 3:19 pm | Financial Markets Authority

Investors will benefit from greater protection due to a change in the way the Financial Markets Authority (FMA) will treat certain companies offering shares. More >>

Media Statement on NZX updated code of corporate governance

Wednesday, 10 May 2017, 10:25 am | Financial Markets Authority

The code will replace the existing Best Practice Code in NZX’s listing rules for the main board and debt market, and reflects developments in financial markets since the original code was published in 2003. More >>

IMF NZ FSAP Assessment 2017

Tuesday, 9 May 2017, 8:39 am | Financial Markets Authority

The FMA today welcomes the publication of the International Monetary Fund’s Financial Sector Stability Assessment (FSSA) for New Zealand. More >>

Trial to target decision-making a decade out from retirement

Monday, 8 May 2017, 11:11 am | Financial Markets Authority

The FMA is working with ANZ to see if behavioural insights can prompt more ANZ KiwiSaver members to get retirement advice, or use retirement-planning tools when they hit 56 years old. More >>

Consultation on KiwiSaver fees methodology

Tuesday, 11 April 2017, 3:54 pm | Financial Markets Authority

KiwiSaver members will be able to see the dollar cost of the fees they are paying in their annual statements next year. The Ministry of Business and Innovation and Employment (MBiE) is currently amending the Financial Markets Conduct Regulations ... More >>

Guilty plea in insider trading case

Tuesday, 11 April 2017, 3:41 pm | Financial Markets Authority

An individual today pleaded guilty at the Auckland District Court to one charge of insider trading under section 243 Financial Markets Conduct Act - namely, being an information insider advising or encouraging another person to trade. More >>

Wise-up about retirement now so you can relax and enjoy it

Wednesday, 5 April 2017, 9:44 am | Financial Markets Authority

The key ingredients that make it more likely you can relax and enjoy your life after work have been revealed in an FMA survey of older New Zealanders. More >>

FMA confirms short-term derivatives to be licensed

Monday, 3 April 2017, 9:13 am | Financial Markets Authority

The Financial Markets Authority has today confirmed that businesses selling short-duration derivatives need to be licensed. The Financial Markets Conduct Act introduced licensing for derivatives issuers in December 2014. More >>

FMA releases AFA information report

Monday, 27 March 2017, 9:47 am | Financial Markets Authority

The Financial Markets Authority today published its third statistical report on Authorised Financial Advisers (AFAs) in New Zealand. The FMA requires AFAs to submit an annual information return each year. More >>

FMA Statement on Forestlands

Wednesday, 22 March 2017, 4:02 pm | Financial Markets Authority

The FMA has received complaints from various investors in Forestlands. More >>

FMA files charges under the Financial Service Providers Act

Thursday, 16 March 2017, 5:26 pm | Financial Markets Authority

The FMA has filed charges against Mr Patterson in the Christchurch District Court. The FMA alleges Mr Patterson was, or was holding out as being, in the business of providing financial services in contravention of the Financial Service Providers ... More >>

FMA files charges for insider trading

Thursday, 9 March 2017, 10:11 am | Financial Markets Authority

The FMA has filed charges in the Auckland District Court alleging breaches of the insider trading prohibitions contained in the Financial Markets Conduct Act 2013 (FMCA). The charges were filed in relation to trading in shares of Eroad (NZX:ERD). ... More >>



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